Why Did the Memory Chip Bubble Burst Without Shaking the Market? S&P 500 Holds Near Highs as Isolated Frenzies Fail to Spread
Recent sector bubbles like memory chips have burst without dragging down the broader market. These isolated frenzies, fueled by speculation rather than debt, leave banks unscathed. However, the massive AI investment cycle could pose systemic risks if fueled by leverage.
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